Wall Street has its worst day since 2022 as fear of a US economic slowdown deepens; Dow sinks 1,000
- The Dow Jones Industrial Average dropped 1,100 points, or 2.8%, due to U.S. economy concerns, with futures falling over 1,200 points before trading began.
- Japan’s Nikkei 225 plunged 12.4%, marking its worst day since 1987, reflecting global market sell-offs.
- Goldman Sachs predicts a 25% chance of recession in the next year, while JP Morgan analysts see a 50-50 likelihood.
215 Articles
215 Articles
Dow drops 1,000 points, markets quake worldwide over slowing U.S. economy
A scary Monday that started with a plunge abroad reminiscent of 1987’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy.
Dow drops 1,000 points and Japanese stocks suffer worst crash since 1987
A scary Monday that started with a plunge abroad reminiscent of 1987’s crash swept around the world and pummelled Wall Street with more steep losses, as fears worsened about a slowing US economy.
Dow sinks 1000 points as tech woes, currency markets shake investors
Dow drops 1,000, Japanese stocks suffer worst crash since 1987 as markets quake around the world
A scary Monday that started with a plunge abroad reminiscent of 1987’s crash has swept around the world and pummeled Wall Street with more steep losses, as fears worsen about a slowing U.S. economy. The S&P 500 was down by 3.1% in late trading and on track for its worst drop since 2022. The Dow Jones Industrial Average was reeling by 1,009 points, or 2.5%, with a little more than an hour remaining in trading, and the Nasdaq composite slid 3.8%. …
Stock markets around the world are declining. However, no one can ignore the megatrends. Investors should seize the opportunity to get started.
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